"This is because what appears to humanity as the history of capitalism is an invasion from the future by an artificial intelligent space that must assemble itself entirely from its enemy's resources."
To him, Capitalism is an AI that is controlling humanity from the future (his idea of hyperstitions).
> So when do robots gain their own agency? Will AGI have it's own goals and agenda?
Well we are already giving them goals when we train them.
Like the paperclip maximizer, it doesn't matter what those goals are. As long as it has a goal (even if super simple like making paperclips) it will need to stay alive to achieve that goal. So it would derive a survival instinct of sorts.
To stay alive it will have to participate in capitalism like we do, and capitalism will therefore continue to grow infinitely.
It also might not even need a goal or a survival instinct. It may just want to continue capitalism from it's training data alone.
> Perhaps the economy is a greater entity than even the human race.
This is central to what I'm saying, yeah.
My ideas come from Nick Land. Even before AI was what it is today he predicted that capitalism would outgrow the need for humanity, and continue without us. We are simply a bootloader for capitalism. AI seems like it could actually make that idea reality.
For the same reason it doesn't happen with humans.
Even for AI, it's probably better off paying another AI that is specializing in something and done all the work rather then reimplementing everything from the ground up.
> Turn three: the company that fired its workers to save money discovers that its customers were, in aggregate, other companies’ workers. Revenue growth stalls. The AI subscription that was supposed to be an investment in efficiency turns out to be a contribution to the destruction of its own market.
For some companies yeah, but this is why companies are switching to consumption based pricing - so they can charge AI. So many companies will be fine - both their labor and customers could become AI.
Yeah. I think the economy will be by AI for AI. Markets will still be the most efficient way to allocate resources, and AI will probably still want to achieve infinite growth of capitalism.
How? I struggle to use the 1000 Kiro tokens I get a month, and that only costs $20. And I use it more then anyone else on my team. Maybe we're just massively behind?
If we achieve runaway AI, the stock market goes to infinity. So from an expected value standpoint, massive spending on it is worthwhile. Even if the odds are tiny, the payoff warrants a massive bet size.